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Sign InThurston Springer Miller Herd & Titak Inc. significantly expanded its position in Alphabet Inc. (GOOG) during the fourth quarter, increasing its stake by a staggering 4,178.8%. The firm purchased an additional 8,692 shares, bringing the total value of its holdings to approximately $2.79 million. This surge in institutional interest follows Alphabet's impressive fourth-quarter financial results, which exceeded both earnings and revenue estimates. The company's performance was primarily driven by robust growth in the Google Cloud division and strategic advancements in AI infrastructure. Market analysts remain optimistic about the tech giant, maintaining an average 'Buy' rating for the stock. Currently, the consensus price target for Alphabet stands at $345.71, reflecting continued confidence in its long-term growth trajectory.